Energy Fuels is a comprehensive uranium mining company that offers everything from uranium stocks to high quality uranium production. They are committed to making sure they are constantly adhering to federal health and safety guidelines as well as investing in researching the history of uranium mining to ensure they are learning from past mistakes and allocating resources. They are constantly acquiring more and more properties, some of them are to be developed, permitted and put to use where as others are historical mining sites that they have acquired for educational and historical reasons.
One of the biggest sites that Energy Fuels uses, and in fact is one oft eh only fully-license and operating conventional uranium mills in the United States, is the White Mesa Mill. Energy Fuels has several sites that extract uranium and they send their product to the White Mesa Mill. They are licensed to product a staggering 2,000 tons of uranium per day (bet you thought I was going to say per month or year, yeah?). That means that they are capable of producing 8 million lbs of uranium every single year. That is a ton .. heh .. of uranium. In addition to uranium production, White Mesa Mill also has great facilities such as their co-recovery circuit which produces vanadium from Colorado Plateau ore. It also acts as an alternate feed circuit that processes other uranium-bearing materials. This includes anything that is derived from uranium conversion or any other kind of metal processing that is related.
All of Energy Fuels sites are located in Wyoming, New Mexico, Utah, Arizona and Colorado. That is why the White Mesa Mill has been methodically located in Blanding, Utah which is actually quite central to all of the uranium mining sites that Energy Fuels already has in place. Who knew the four corners had such a great plethora of uranium at their disposal? The White Mesa Mill was actually created in 1980 by Energy Fuels Nuclear Inc. By 2007, they spent $31 million on refurbishments to make it the upstanding and highly efficient mill that it is today. The extract uranium and vanadium at the White Mesa Mill in a way that utilizes sulfuric acid leaching and solvent extraction recovery.
Utility companies are the people who buy the uranium and vanadium from the White Mesa Mill and then they ship it to conversion facilities which is the next step before the uranium is converted into fuel for nuclear power plants. Vanadium isn’t used for nuclear power plants and is mostly manufactured in steel and alloy. When the White Mesa Mill is fully operational, there are 150 employees present. Because of this, Energy Fuels is constantly assessing and reassessing their health and safety standards to ensure that everyone is safe and being treated fairly.
Energy Fuels is committed to staying on the front lines of the uranium mining game. They believe in the power of uranium fueling our nuclear power plants. If you do to, then you should check out the uranium stocks on their website. This is a great investment for your money and for your future.